Cryptotelegraph

Aave Deposits on MegaETH Cross $575M as Post-TGE Liquidity Pours InMegaETH’s DeFi TVL has doubled since Thursday’s MEGA token launch, with USDM and Terminal Points farming pulling in fresh capital.

TradeXYZ Launches Pre-IPO PerpetualsIPOP markets reference anticipated public equity, convert to standard perps once shares list, and settle by TWAP if the listing fails.

Bitcoin Pushes Above $78,000 as Risk Assets Shake Off Hawkish FedCrypto markets open May with a rally despite an unresolved Hormuz blockade.

DeFi Sets New Hack Record as April Logs 28 Exploits with $635M StolenApril's exploits were driven less by smart contract bugs and more by social engineering, bridge spoofing, and AI-assisted reconnaissance.

Crypto Markets Catch a Breath After Three-Day SlideBitcoin reclaims $76,000 despite U.S. spot ETFs posting a third consecutive day of outflows.

MegaETH Token Debuts at $2 Billion ValuationMEGA is live on Binance, Coinbase, and 11 other venues a week after the Ethereum Layer 2 network cleared its first performance milestone.

Anchorage Digital Partners with M0 on US Stablecoin Issuance StackThe partnership aims to make it easier for companies, including fintechs and paying firms, to issue compliant stablecoins in the United States.

Polymarket Taps Chainalysis to Police Insider TradingThe prediction market will deploy a custom on-chain detection model to flag insider activity.

Coinbase's Institutional Investment Arm Taps Superstate to Launch Tokenized Credit FundCoinbase Asset Management has selected Superstate FundOS to issue on-chain shares of Coinbase Stablecoin Yield Fund (CUSHY).

PayPal Elevates Crypto to Core Business in Strategic ReorganizationThe payments giant will fold PYUSD, Braintree, and merchant processing into a new Payment Services & Crypto division, marking the first time digital assets have a dedicated home within the company.

Circle Launches Gas-Free 'Nanopayments' on Mainnet Across 11 BlockchainsThe stablecoin issuer's new payment rail enables USDC transfers as small as $0.000001, targeting AI agents that pay per API call, per second, or per dataset read.

Wasabi Loses $5M+ in Latest DeFi ExploitWasabi Protocol is the latest victim in what appears to be a record bad month for DeFi hacks.